N1ES.DE vs. IMAE.AS
Compare and contrast key facts about Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) and iShares Core MSCI Europe UCITS ETF EUR (Acc) (IMAE.AS).
N1ES.DE and IMAE.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. N1ES.DE is a passively managed fund by Invesco that tracks the performance of the Nasdaq 100® ESG. It was launched on Oct 25, 2021. IMAE.AS is a passively managed fund by iShares that tracks the performance of the MSCI Europe NR EUR. It was launched on Sep 25, 2009. Both N1ES.DE and IMAE.AS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: N1ES.DE or IMAE.AS.
Key characteristics
| N1ES.DE | IMAE.AS | |
|---|---|---|
| YTD Return | 29.75% | 8.60% |
| 1Y Return | 38.10% | 16.02% |
| 3Y Return (Ann) | 13.25% | 4.93% |
| Sharpe Ratio | 2.09 | 1.49 |
| Sortino Ratio | 2.77 | 2.07 |
| Omega Ratio | 1.38 | 1.26 |
| Calmar Ratio | 2.57 | 2.08 |
| Martin Ratio | 8.34 | 8.66 |
| Ulcer Index | 4.32% | 1.72% |
| Daily Std Dev | 17.17% | 10.10% |
| Max Drawdown | -33.10% | -35.60% |
| Current Drawdown | 0.00% | -3.99% |
Correlation
The correlation between N1ES.DE and IMAE.AS is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
N1ES.DE vs. IMAE.AS - Performance Comparison
In the year-to-date period, N1ES.DE achieves a 29.75% return, which is significantly higher than IMAE.AS's 8.60% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
N1ES.DE vs. IMAE.AS - Expense Ratio Comparison
N1ES.DE has a 0.25% expense ratio, which is higher than IMAE.AS's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
N1ES.DE vs. IMAE.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) and iShares Core MSCI Europe UCITS ETF EUR (Acc) (IMAE.AS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
N1ES.DE vs. IMAE.AS - Dividend Comparison
Neither N1ES.DE nor IMAE.AS has paid dividends to shareholders.
Drawdowns
N1ES.DE vs. IMAE.AS - Drawdown Comparison
The maximum N1ES.DE drawdown since its inception was -33.10%, smaller than the maximum IMAE.AS drawdown of -35.60%. Use the drawdown chart below to compare losses from any high point for N1ES.DE and IMAE.AS. For additional features, visit the drawdowns tool.
Volatility
N1ES.DE vs. IMAE.AS - Volatility Comparison
Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) has a higher volatility of 4.78% compared to iShares Core MSCI Europe UCITS ETF EUR (Acc) (IMAE.AS) at 4.06%. This indicates that N1ES.DE's price experiences larger fluctuations and is considered to be riskier than IMAE.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.